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Prediction Open · timeframe Sep 2044

Nilekani: India will progressively liberalize capital accounts as remittances reach $200B

“In my view, It'll get more and more liberalized, because India will get lots and lots of dollars. Only we get a hundred and eight billion dollars of remittances, that'll go to, say, two hundred billion.”

Nandan Nilekani Sep 14, 2024 ▶ 1:02:01 Nikhil Kamath x Nandan Nilekani | People by WTF | Ep #3 · Nikhil Kamath

Prediction Not checkable as stated

Nilekani: UPI protocol can support multi-currency accounts and CBDCs

“Yeah, it's a, it can be a multi-currency protocol. It can be for wallets, bank accounts. Tomorrow it can be used for CBDC. So you can, once you have that basic infrastructure on that, you can add different types of accounts.”

Nandan Nilekani Sep 14, 2024 ▶ 25:19 Nikhil Kamath x Nandan Nilekani | People by WTF | Ep #3 · Nikhil Kamath

Prediction Not checkable as stated

Nilekani: The major use case for CBDCs is wholesale cross-border settlements

“I think the big use of CBDC actually is in wholesale. So when you do cross country transactions, you can do settlement much faster if you both use CBDCs. So then today's settlement complexities go away.”

Nandan Nilekani Sep 14, 2024 ▶ 1:01:39 Nikhil Kamath x Nandan Nilekani | People by WTF | Ep #3 · Nikhil Kamath

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